Andhra Pradesh: Cotton Farmers In Guntur Avail Benefits Of Open Market, Prefer Private Traders To Traditional Buyers
A cotton plant.
Cotton farmers in Guntur in Andhra Pradesh are availing the benefits of an open market by receiving a larger sum for their produce than the per quintal rate set by the Cotton Corporation of India (CCI),
the Hans Indiareports.
The CCI has fixed a price of Rs 5,825 for each quintal of quality cotton. Apparently, the cotton sowing area in the district had reduced as farmers gradually switched to sowing chili crops to get a better price in the market.
Moreover, heavy rainfalls in September and October damaged the cotton crops in the southern state. There was lesser yield of the cash crop as a result and hence the supply for quality cotton was limited in the market.